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Fed in rescue bid on fears over growth

first_img KCS-content Share Tags: NULL THE US Federal Reserve confirmed fears of a marked slowdown in the world’s biggest economy yesterday as it made its first step towards extending its emergency monetary policy regime in a significant policy shift. The central bank said it would reinvest proceeds from its investments in mortgage-backed securities to buy longer-term government debt in a bid to help the faltering economy by keeping mortgage and corporate loan rates lower.The move, dubbed a “light” version of quantitative easing (QE) by economists, means the Fed will pump the estimated $200m to $300m proceeds from its first $1.2 trillion QE cycle into Treasury bonds, while maintaining its balance sheet at close to its present $2.06 trillion, rather than gradually allowing it to run down. The decision is an abrupt U-turn by Fed chairman Ben Bernanke, who just last month said he was not planning specific new measures to support the economy. But yesterday’s statement forecast a more gloomy outlook for the economy with Fed officials saying the “pace of recovery in output and employment has slowed in recent months”. When it last met in June, it said the recovery was “proceeding” at a “moderate pace”. The Fed also reassured markets that it would keep rates on hold at 0 per cent to 0.25 per cent for an “extended period”.Capital Economics analyst Paul Ashworth said the policy change was a “largely symbolic gesture, designed to reassure markets.The Dow Jones, which fell by 100 points earlier, narrowed its loss within minutes of the committee’s statement eventually closing 54.5 points lower at 10,644.25. The Fed’s move came as official data showed US business productivity fell for the first time in one and a half years in the second quarter. whatsapp More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comcenter_img Tuesday 10 August 2010 9:00 pm Fed in rescue bid on fears over growth by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading Blvd Show Comments ▼ whatsapplast_img read more

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Foreign takeovers of UK companies drop

first_img Share Tags: NULL Foreign takeovers of British companies slumped in the second quarter of 2010 to their lowest in a year, falling to £2.3bn in the second quarter from £14.8bnin the first three months of the year, official data showed.The Office for National Statistics said that by contrast, takeovers by British companies rose over the quarter, though volumes for all mergers and acquisitions activity remain well below levels before the financial crisis.The volume of takeovers of overseas firms by British companies rose to £1.4bn from 0.7bn, and the volume of domestic takeovers by British firms increased to £1.9bn from £1.3bn. Tuesday 7 September 2010 7:05 am Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Foreign takeovers of UK companies drop John Dunne Show Comments ▼ whatsapp whatsapplast_img read more

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New claims for US jobless benefits hit a three-month low as economy picks up

first_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp New claims for US jobless benefits hit a three-month low as economy picks up by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp Show Comments ▼ KCS-content center_img Thursday 7 October 2010 7:55 pm Share New US claims for jobless benefits hit a near three-month low last week, suggesting some let up in the labour market’s distress but likely not enough to keep the Federal Reserve from easing monetary policy further.Initial claims for state unemployment benefits dropped 11,000 to 445,000, the lowest since 10 July, the Labour Department said yesterday. Financial markets had expected claims to edge up to 455,000.Sales at US retail chains last month also showed unexpected strength. US same-store sales rose 2.8 per cent, according to Thomson Reuters data which tracks 28 top chains, beating analysts’ estimates for a 2.1 per cent increase.Sales, which rose for the 13th straight month, were boosted by back-to-school buying.The US central bank’s policy-setting committee meets on 2-3 November. The Fed, which cut overnight interest rates to near zero in December 2008, has already pumped $1.7 trillion (£1.1 trillion) into the economy by buying mortgage-related and government bonds.The prospect of further bond purchases pushed the dollar down to a 15-year low against the Japanese yen and an all-time low against the Swiss franc yesterday.Financial markets will likely take a further cue from a government report on September employment later today. Tags: NULLlast_img read more

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Flowers still keen on Spain

first_imgWednesday 8 December 2010 8:49 pm Show Comments ▼ US private equity firm JC Flowers said it still wanted to invest in Banca Civica once the Spanish savings bank completes its merger with domestic CajaSol.Interest from Flowers in the deal was seen to have cooled when its founder said he was not interested in investing in the bank until Spain had restored faith in its finances. But Chris Flowers, founder and executive chairman, said yesterday: “We continue to be impressed with Banca Civica’s unique business model. Currently, Banca Civica is in negotiations to merge with CajaSol. When these negotiations are complete, we hope to resume our own discussions with Banca Civica. We remain optimistic about Spain’s fundamentals and believe it offers attractive opportunities for investment.” Flowers still keen on Spain Share KCS-content center_img whatsapp whatsapp Tags: NULL Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemUndo Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Prooflast_img read more

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OVERSEAS BOOST FOR ABERCROMBIE & FITCH

first_img Show Comments ▼ OVERSEAS BOOST FOR ABERCROMBIE & FITCH KCS-content Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap US retailer Abercrombie & Fitch’s profit jumped 95 per cent – fuelled by international sales. In the fourth quarter, sales abroad rose 61 per cent, while on the domestic front they increased 16 per cent. Its profit for the quarter was $92.6m (£57.7m). The company, which specialises in teen fashion, has been improving market share. whatsapp Wednesday 16 February 2011 8:10 pm whatsapp Tags: NULL Sharelast_img read more

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Lloyds reports £2.2bn profit

first_img whatsapp John Dunne whatsapp Lloyds Banking Group has announced its first annual profits since being bailed out by the Government during the financial crisis.The company, which is 41 per cent owned by the taxpayer, reported pre-tax profits of £2.2bn, compared with a £6.3bn loss in 2009.The bank’s bad debt losses were down in 2010 to £13bn, from £23bn the previous year.In Ireland bad loans rocketed to £4.3bn from £2.9bn in 2009.Lloyds also said loans to customers fell two per cent to £363.7bn.The company has already revealed its bonus plans, with outgoing chief executive Eric Daniels being awarded £1.45m for 2010. Lloyds reports £2.2bn profit Show Comments ▼ Tags: NULL Friday 25 February 2011 2:36 am Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Sharelast_img read more

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CME chief cool on merger deal

first_img whatsapp KCS-content Tags: NULL Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads Wednesday 2 March 2011 9:13 pm Sharecenter_img whatsapp CME Group chief executive Craig Donohue is cool to the idea of buying a large options exchange like CBOE Holdings and insisted yesterday that the exchanges operator remained focused on its existing growth strategy amid a rash of industry mergers. He said: “The option markets are difficult, we generally don’t like to get involved in things where we don’t think we are going to add something incredibly valuable.” More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comColin Kaepernick to publish book on abolishing the policethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comKansas coach fired for using N-word toward Black playerthegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com CME chief cool on merger deal last_img read more

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ECB set to offer struggling Irish banks a medium-term lifeline

first_img whatsapp Share KCS-content Monday 28 March 2011 12:32 am Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap ECB set to offer struggling Irish banks a medium-term lifeline center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Show Comments ▼ THE European Central Bank is working on a plan to keep struggling Irish banks afloat in the medium term.The new facility, which would replace the use of the Emergency Liquidity Assistance programme, would give Irish banks more time to shrink their assets and reduce their dependence on emergency funding.Ireland’s banks have an estimated €150bn (£132bn) in loans from the ECB and Irish central bank.And a weekend report in the Sunday Business Post suggested that upcoming stress tests on Ireland’s four main lenders will reveal a capital hole of around €20bn.Ireland’s central bank will on Thursday publish the new stress test results from Bank of Ireland, Allied irish Banks, Irish Life& Permanent and EBS Building Society.The central bank has declined to comment in advance of the results.A Reuters survey of analysts showed that around €25bn out of the €35bn set aside for the banks under EU-IMF deal would be required as a result of the stress tests.However the creation of a scheme, said to be called a “Facility for Banks Under Restructuring,” would reduce the need for panic banking sales. Tags: NULLlast_img read more

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IMF urges faster US cuts

first_img THE INTERNATIONAL Monetary Fund (IMF) has urged the United States to come up with credible measures to reduce its record budget deficit, heaping pressure on the White House.President Barack Obama will today outline fresh plans for reducing the nation’s debt, which is on track for hitting $1.4 trillion (£857bn) this year, as he attempts to seize the high ground in a debate with Republicans over how best to cut costs.But the IMF said in its latest ‘Fiscal Monitor’ report that a further delay of action to cut the country’s deficit could be “fiscally costly”. It added that a “major” adjustment will be needed next year to put the budget back on track. The US posted a monthly budget deficit of $188bn (£115.5bn) in March, the Treasury Department reported yesterday. The deficit will reach 10.8 per cent of its gross domestic product this year, the largest among major developed economies. Show Comments ▼ Tags: NULL Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap IMF urges faster US cuts Tuesday 12 April 2011 8:49 pm whatsapp KCS-content whatsapp Sharelast_img read more

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Increasing ROI and player engagement in online casinos through real-time personalisation and gamification

first_img4) Since GDPR, and with half of new customers not ticking the consent box, is real time messaging the only way to address churn? In-session messaging gets the highest response of all marketing channels, if done well, so should be the first port-of-call. Q&A with Mark Robinson 1)  If I were to pitch DeltaDNA tools to my organisations’ board in a real-money scenario, what would be the best way of doing so? The first task is to look at your online environment with fresh eyes and decide if it is really clear, intuitive and attractive.  Once you have decided that it is not, then we work through stages to implement gamification mechanics.  The priority is first session engagement – making sure players have a great first session and have compelling reasons to return. There has been a lot of talk in the gaming industry in recent years about improving online engagement, but it is not clear to gaming industry professionals exactly how, and furthermore why, they should be making the efforts to do this, and the actual live examples of real-time personalisation and gamification are still few and far between. With the player-first approach requiring a significant cultural shift for gaming organisations, the data necessary to make the most of this usually held by multiple parties, and the divide between platform suppliers and operators proving a challenge in unifying the bigger picture, there are still real challenges to surmount.But it need not be like this. In this webinar, deltaDNA will show how personalisation and gamification are now being embraced by the more innovative gaming companies to enhance customer loyalty and address problem gambling proactively. By referencing real use cases, this webinar will show how to navigate the challenges to drive increased ROI and best-practice player engagement.The webinar took place on Wednesday 21st November at 16.00 GMT. 5)  Once you’ve created a profile of a player, how do you then market to them if not via email? What channels would you use? This webinar will show how to navigate the challenges to drive increased ROI and best-practice player engagement. 3)  What kind of activities best utilise gamification, and what do operators need to do to ensure success? Subscribe to the iGaming newsletter 2) How does someone show the value of the tools, especially when considering the cost of integration to pre-existing (legacy) systems?center_img To be a modern business you need to engage with players in session.  Email is too late.  Therefore, make sure your players feel like they are on the end of an intelligent relationship, realtime messaging is the only way.  DeltaDNA supports you to build engaging environments and individually personalise experience through analytics and segmentation of players. Our use cases show that player engagement is increased by 20% and adds $40 to player LTVs.  This has a strong positive ROI in year one and is a great differentiator for your brand. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address 21st November 2018 | By Uncategorized Topics: Uncategorized Increasing ROI and player engagement in online casinos through real-time personalisation and gamification The beauty about in-session messaging is that the players are anonymous to us.  In any case in-session messaging get the highest response of all channels done well.last_img read more

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